Stanley Black & Decker reported its third-quarter earnings climbed 25%. But sales were down for hand tools in the U.S. "With little to no market growth in many of the industries and developed regions where we have a presence, it is successful new-product introductions and ongoing value propositions that have resulted in the market share gains crucial to our company's success," said Stanley Black & Decker President and CEO John Lundgren.

Related Summaries